While there was plenty of debate at the time of the announcement as to whether selling the PC business was a good idea, the idea that it could take a year or more to decide was widely viewed as a value destroying nightmare.
As Mr Sirower notes, lawsuits and the press punish other value-destroying corporate decisions.
Instead of publicly denouncing a company's managers as a bunch of value-destroying nitwits, they are quietly negotiating with them.
But the world's Friedmanites have waged a relentless guerrilla war against the idea, denouncing it as a farrago of value-destroying nonsense.
The equity bubble in 1998-2001 may have been in some part responsible for the large number of value-destroying mergers at that time.
Naturally, our fellows caved in and agreed to this value-destroying deal.
CEOs expanded their empires, funded value-destroying pet projects and ignored shareholders.
As the state sector--composed of monopolistic, inefficient and value-destroying enterprises--crowds out scrappy private businesses from the marketplace, the productive power of the economy will surely erode.
"Some value-destroying firms and even banks, themselves, can and should fail through the process of improving financial market transparency and liquidity, " he said in a presentation last month.
Similarly, private-equity firms took on too much debt during the credit bubble, when it was available on absurdly generous terms, and are now having to make value-destroying cuts at many of the companies in their portfolios as a result.
Focusing on short-term shareholder value ended up destroying vast quantities of long-term shareholder value.
FORBES: The Boeing Debacle: Seven Lessons Every CEO Must Learn
But his view is that the company will resist that course, destroying value in the process.
FORBES: Alcatel-Lucent: Bernstein Cuts Rating; Sees More Downside
However, running that board is Chairman Jerome Feldman, 79, who resigned from former parent GP Strategies in 2005 after shareholders complained about his long record of destroying value.
The oil industry has been waiting patiently for Chavez to die with the hope that whoever came next would be more interested in building value rather than destroying it.
FORBES: What Does Chavez's Death Mean For Venezuelan Oil Giant Pdvsa?
Instead of government destroying value by confiscating assets and then try to provide services, government will be reduced to acting as judge and referee in maintaining a level playing field.
FORBES: Global Prosperity Hiding Behind Government Bureaucracy
But experience shows that retail mergers are tough to pull off and frequently end up destroying value partly because local customs and tastes still vary greatly, and partly because global synergies in purchasing and the sharing of best business practice have been slow to materialise.
Profits have also come from high and risky leverage, new products of dubious value to the non-Wall Street economy and insider dealing from mergers and acquisitions that generate fees and high payouts life-changing payouts to executives at the companies sold while destroying value and often jobs.
The volume of Bitcoin-denominated commerce would plummet, destroying its value as a currency.
Ms. MINOW: It's when they get paid that kind of money by - for destroying shareholder value, it's an outrage, it's appalling.
Increasing the range of options open to individuals depends on greater economic freedom, not on destroying the value of money by creating an excess supply.
FORBES: Ben Bernanke's QE4: Another Step Toward Helicopter Money, And Away From Freedom
In a misguided attempt to prop up house prices and prevent the next wave of bank failures, the Fed is destroying the value of the working poor's cash.
They want to convince us that they are our friends and do what they do to assist the economy, even if it means destroying the value of the U.S. dollar.
Morgan Keegan analyst Tavis McCourt has produced an in-depth study of the situation, and in a research report issued late Wednesday makes a persuasive cash that the cash hoarders in the tech industry are simply destroying shareholder value.
In 2008-09 already troubled U.S. banks were being battered by a recently reenacted, arcane accounting rule that was gratuitously destroying the book value of bank capital.
FORBES: Steve Forbes: Why Most Government Leaders Are Sinking The Global Economy
This concept, enacted in 2007, turned the economic equivalent of a serious flood into a tsunami by relentlessly destroying the ostensible value of our banks' regulatory capital.
Most of these write-downs have occurred over the past four years, a sign that OfficeMax has been destroying a lot of value recently.
Even without considering the cost of capital, TIVO is destroying quite a bit of value for investors.
FORBES: Turn Off The TiVo And Get Some Bed, Bath In Your All-Cap Blend Funds
Just as important, the Administration must deal decisively with the insanity of mark-to-market, or so-called fair value, accounting that has forced institutions under severe pressure from regulators and accountants to maniacally mark down to absurdly low levels the value of unmarketable securities and assets, thus destroying entities that have positive cash flows.
Destroying the wealth of those who save and manipulating the value of the dollar have also been shown to be counterproductive.
应用推荐